Head Of Treasury

The Head of Treasury will take ownership of Cardaq’s treasury framework and ensure that the Group maintains appropriate liquidity, cash visibility, banking infrastructure and financial controls across its international operations.

The Head of Treasury will take ownership of Cardaq’s treasury framework and ensure that the Group maintains appropriate liquidity, cash visibility, banking infrastructure and financial controls across its international operations.

• Lead and oversee Cardaq’s treasury function across the Group.
• Maintain clear daily visibility of cash positions, liquidity and funding requirements across entities, currencies and banking partners.
• Develop and maintain short-, medium- and long-term cash-flow and liquidity forecasts
  .
• Ensure sufficient liquidity is maintained to meet operational, settlement and financial obligations.
• Oversee multi-currency cash management
  , including GBP, EUR, USD and other currencies as the Group expands.
• Manage and optimise FX exposures
  , conversion requirements and associated costs.
• Develop treasury policies, procedures, limits and appropriate internal controls.
• Provide regular treasury reporting and recommendations to the CEO, Head of Finance and senior management
  .

• Manage treasury relationships with Cardaq’s banks, payment institutions and other financial partners
  .
• Oversee bank account structures and ensure they remain appropriate for the Group’s operational requirements.
• Support the establishment of new banking and treasury relationships as Cardaq enters additional jurisdictions.
• Review banking, FX and transaction fees and identify opportunities for commercial optimisation.
• Coordinate with banking partners on liquidity, payment execution, account structures and operational requirements.
• Maintain appropriate controls around payment initiation, approvals and access to treasury systems.

Given Cardaq’s position within the payments industry, the Head of Treasury will work closely with Finance, Payments and Operations to oversee:

• Merchant settlement funding requirements.
• Card-scheme and processing-related cash movements.
• Settlement accounts and reconciliation processes.
• Timing differences between incoming and outgoing settlement flows.
• Merchant reserves and other payment-related liquidity requirements.
• Cross-border payment flows.
• Funding requirements arising from refunds, chargebacks and other payment obligations.
• Operational liquidity across payment and banking partners.

The objective is to ensure Cardaq can meet its financial and settlement obligations accurately, efficiently and on time
.

• Establish appropriate liquidity thresholds and early-warning indicators.
• Identify potential liquidity concentrations and dependencies on individual banks, currencies or counter parties.
• Monitor FX, counter party, concentration and settlement risk from a treasury perspective.
• Conduct liquidity stress testing and scenario analysis.
• Develop contingency funding and liquidity arrangements where appropriate.
• Escalate material treasury or liquidity risks promptly to senior management.
• Support Finance and Risk with treasury-related elements of the Group’s wider risk-management framework.

• Maintain strong segregation of duties and approval controls for treasury activities.
• Establish appropriate payment authorisation and treasury approval matrices.
• Ensure accurate reconciliation between treasury records, bank accounts and financial systems.
• Support internal and external audits relating to treasury and cash management.
• Maintain appropriate documentation and evidence supporting treasury decisions and transactions.
• Work closely with Finance, Risk,…